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PLYMOUTH, MA—Lower energy prices, a flawed wholesale energy market and some onerous regulatory proposals were some of the factors that led New Orleans-based Entergy Corp. to decide to close its Pilgrim Nuclear Power Station here by no later than June 1, 2019.
BOSTON—Although the market was relatively quiet in the third quarter, the office vacancy statistics really don't convey the true nature of the commercial real estate market in Boston, according to Cushman & Wakefield.
BARRINGTON RI—A locally-based nationwide marketing firm is looking to partner with independent commercial and residential real estate agents that want to provide clients with a more personalized approach without being part of a national franchise company.
STAMFORD, CT—A venture of New Jersey-based investors Mountain Development Corp. and Gottesman Real Estate Partners and ClearRock Properties of New York City have acquired nearly a quarter million square feet of mostly industrial and office space on the South End waterfront.
BEDFORD, MA—Longfellow Real Estate Partners has increased its science and technology portfolio in the Greater Boston region with the purchase of the One Patriots Park building here. The firm acquired the building for $11.3 million, or $78 per square foot from SPI-Trust, according to public records.
NEW YORK CITY—A new report shows that the city—or “Silicon Alley,” as it's known in some circles—is poised to break the previous record on such financing.